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2. What is a balance transfer — and is it a good idea for debt?

   www.aol.com/finance/balance-transfer-good-idea...

   On the other hand, if you transfer that debt to a 0 percent intro APR card with a 3 percent balance transfer fee, you can pay $344 monthly to pay off your debt in the same time frame without ...

3. How to do a credit card balance transfer - AOL

   www.aol.com/finance/credit-card-balance-transfer...

   Most balance transfer cards charge balance transfer fees of 3 percent to 5 percent of your balance. So, if you transfer $5,000 in debt to a balance transfer card, you could pay an extra $150 to ...

4. 8 balance transfer credit card mistakes to avoid - AOL

   www.aol.com/finance/8-balance-transfer-credit...

   The credit card issuer that inherited your debt from another account will usually charge between 3 percent and 5 percent of the balance. Therefore, on a balance of $8,000, your balance transfer ...

5. Credit card balance transfer - Wikipedia

   en.wikipedia.org/wiki/Credit_card_balance_transfer

   A credit card balance transfer is the transfer of the outstanding debt (the balance) in a credit card account to an account held at another credit card company. [1] This process is encouraged by most credit card issuers as a means to attract customers. The new bank/card issuer makes this arrangement attractive to consumers by offering incentives.

6. Pros and Cons of Using a Balance Transfer To Pay Off Credit ...

   www.aol.com/pros-cons-using-balance-transfer...

   With a balance transfer to a 0% card, even with a 3% transfer fee, you could pay off your debt in 32 months and only pay about $700 in interest. Thus, in this scenario you can save over $3,900 in ...

7. Balance transfer - Wikipedia

   en.wikipedia.org/wiki/Balance_transfer

   While many credit card issuers offer 0% interest balance transfers, some issuers also charge a transfer fee, which could range from 0–5%. As a result, consumers should evaluate the balance transfer interest rate during the promotional period, the length of the promotional period, and the balance transfer fee when deciding on which balance ...